Preferred share dividends must be accounted for in the earnings-per-share calculation. Preferred dividends are:
A) added to net income in the numerator of the EPS calculation
B) subtracted from common shares in the denominator of the EPS calculation
C) added to common shares in the denominator of the EPS calculation
D) subtracted from net income in the numerator of the EPS calculation
Correct Answer:
Verified
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